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This summary was created by AI, based on 1 opinions in the last 12 months.

Osisko Mining (OSK-T) has had a bumpy ride recently, with a sudden retracement after breaking resistance at $19. This was attributed to weakness in their diamond operation and poor diamond prices, as well as corporate shake-outs including the removal of a founder and installation of a new CEO. Despite this, the stock has returned to $19, and experts expect shares to re-test last year's highs. Overall, the company has faced challenges but is showing signs of potential recovery.

Consensus
Mixed
Valuation
Fair Value
PAST TOP PICK
Osisko Mining
(A Top Pick Apr 19/23, Down 5%)

It's been bumpy. It broke resistance at $19, but suddenly retraced, because of weakness in their diamond operation and poor diamond prices. Also, there was a corporate shake-out, including cutting a founder and installing a new CEO. Since then, they've returned to $19 and he expects shares to re-test last year's highs.

metal mines
RISKY
Osisko Mining
Great company. Speculative buy, $6.75 target. Gold leverage and reserves on the ground are important. Geopolitical risk is important, and all its properties are in Canada and NA.
metal mines
PARTIAL SELL
Osisko Mining

Thinks gold got sold out as a sector and had a good bounce over the few months. He looks at it as a not a long term shift. He would not focus on this group. Don’t add gold holdings but lighten them up.

metal mines
PAST TOP PICK
Osisko Mining

(A Top Pick May 14/13. Up 79.18%.) What happened here is the takeover action. First the overture made by GoldCorp (G-T) followed by Yamana (YRI-T) coming in like a white knight, and ultimately Agnico (AEM-T) and Osisko (OSK-T), which seem to be in the driver seat. He thinks the bid is a full and fair value for what the business is worth.

metal mines
COMMENT
Osisko Mining

Goldcorp (G-T) deal is underwater right now. The proposal they have on the table is lower than where the stock is trading. Yamana (YRI-T) came in last week with a friendly proposal to buy half the company. Thinks this saga has not come to a conclusion just yet and feels Goldcorp will likely come back and rebid.

metal mines
COMMENT
Osisko Mining

Stock is trading well above Goldcorp’s (G-T) offer price of just under $6. Gold stocks currently have positive momentum so you have a combination of momentum in the sector and a company which is being taken over. Chart shows it has clearly broken out and is in an upward trend. Outperforming the market and above its 20 day moving average. Looks great.

metal mines
COMMENT
Osisko Mining

When the commodity price turns around then you wait for acquisitions to start. He was not surprised it went. Fits tightly into G-T’s stable of mines.

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SELL ON STRENGTH
Osisko Mining

G-T and OSK today agreed to settle some of the litigation between them, but they are not currently in talks. Gold had a huge move and it is hard to distinguish what is the driver. This one should suffer if the deal is not going to go through. Gold stocks are very, very cheap. We need core inflation to pick up to drive gold. We are looking at range trading for most gold stocks right now. Thinks there may be one more move down for gold.

metal mines
BUY
Osisko Mining

G-T’s bid was rejected by OSK. The cost of production for OSK is higher than he likes to see. A great, well managed company with assets in North America. When gold prices get to where he thinks it should be all of these companies will do well.

metal mines
PAST TOP PICK
Osisko Mining

(Top Pick May 14’13, Up 57%) They are in play now. The premium is pretty low here. A unique asset. It is a question of who will pay what.

metal mines
COMMENT
Osisko Mining

Goldcorp (G-T) is asking shareholders to render their shares for a little over $6 and some shares. What do you suggest? Doesn’t know the details of the proposed merger, but there is nothing wrong with taking some of your profit. Given that these deals are never a slam-dunk, no one ever went broke taking profits.

metal mines
COMMENT
Osisko Mining

GoldCorp’s (G-T) offer to take them over was rejected. However, this was definitely setting of value for the sector, especially for some of these companies that have been ridiculously beat up. They might come back and make another offer.

metal mines
HOLD
Osisko Mining

He owns G-T. A lot of bigger companies will have to acquire producing companies to grow. Anything of value will be cheap here relative to 10 years from now. It is now trading above a recent resistance. They may have to raise their price target. Technically it trades well. If it trades below $5.95 then get out. Ride it for now.

metal mines
BUY
Osisko Mining

(Market Call Minute.) Has come through their ramp-up stage, they are executing, getting their production on and bring down their cash costs. Last quarter had record production.

metal mines
BUY
Osisko Mining

No dividend but will generate lots of free cash in the next year and a half. They are in production and so don’t need to go to capital markets. There is an opportunity here. He has G-T because of the dividend.

metal mines
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Osisko Mining(OSK-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Osisko Mining is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Osisko Mining(OSK-T) Frequently Asked Questions

What is Osisko Mining stock symbol?

Osisko Mining is a Canadian stock, trading under the symbol OSK-T on the Toronto Stock Exchange (OSK-CT). It is usually referred to as TSX:OSK or OSK-T

Is Osisko Mining a buy or a sell?

In the last year, 1 stock analyst published opinions about OSK-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Osisko Mining.

Is Osisko Mining a good investment or a top pick?

Osisko Mining was recommended as a Top Pick by on . Read the latest stock experts ratings for Osisko Mining.

Why is Osisko Mining stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Osisko Mining worth watching?

1 stock analyst on Stockchase covered Osisko Mining In the last year. It is a trending stock that is worth watching.

What is Osisko Mining stock price?

On 2024-05-24, Osisko Mining (OSK-T) stock closed at a price of $2.95.